BlackRock Bull Bob Doll Hired by Nuveen

By Brendan Conway

Bob Doll, who was until recently BlackRock’s (BLK) ubiquitous and bullish equity strategist, has joined Nuveen Asset Management, the Chicago-based money manager has announced.

Doll takes the role of chief equity strategist and senior portfolio manager as of today, reporting to head of equities David Chalupnik, Nuveen said in an afternoon press release. Nuveen Asset is an affiliate of Nuveen Investments, managing more than $117 billion. Nuveen overall managed $220 billion as of Sept. 30.

Doll, whose retirement from BlackRock was announced midyear, was issuing bullish calls on BlackRock’s behalf as recently as last week. His final weekly market commentary stuck to a favorable view on the stock market, with the caveat of some fiscal-cliff-related volatility, Min Zeng reported for Dow Jones Newswires last week.

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Chris Dieterich has covered the U.S. stock market for The Wall Street Journal and Dow Jones Newswires. He is a graduate of Regis University and the Missouri School of Journalism.